Economy

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September 27, 2007

Q2 Economy Grew 3.8 Percent

Real gross domestic product increased at an annual rate of 3.8 percent in the second quarter of 2007, according to final estimates released Thursday by the Bureau of Economic Analysis. In the first quarter

August 28, 2007

ATA Truck Tonnage Index Up 0.3% in July

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index rose 0.3 percent in July, marking the first month-to-month increase since March of this year. The not-seasonally adjusted index decrease

August 7, 2007

Fed Won't Lower Interest Rates

The Federal Reserve Board's Open Market Committee decided Tuesday to keep its target for the federal funds rate at 5-1/4 percent, citing lingering inflation concerns

July 27, 2007

ATA Truck Tonnage Index Falls Another 0.1% in June

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 0.1 percent in June, marking the third consecutive month-to-month drop. Tonnage fell 1.3 percent in May and has dropped 3.5 percent since March.

July 26, 2007

Orders for Manufactured Durable Goods Up 1.4% in June

New orders for manufactured durable goods increased 1.4 percent in June, led by new orders for non-defense aircraft and parts, according to the U.S. Department of Commerce. New orders fell 2.3 percen

July 5, 2007

Manufacturing Activity Still Growing in June

Economic activity in the manufacturing sector expanded in June for the fifth consecutive month, according to the latest Report on Business issued by the Institute for Supply Management. "Following a weak first quarter

June 27, 2007

ATA Truck Tonnage Index Falls 1.3% in May

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 1.3 percent in May, marking the second consecutive month-to-month drop. In April, tonnage fell 2.2 percent

June 4, 2007

Economy Still Growing, Albeit Slowly

June opened with a series of reports indicating slow economic growth, but growth nonetheless. The Institute for Supply Management's latest Manufacturing Report on Business logged the fourth consecutive month of expansion.

May 31, 2007

AGC Economist: Construction Spending Up Despite Housing Drag

"Total construction spending inched up in April, as nonresidential outlays shook off the plunge in homebuilding and sluggishness in gross domestic product (GDP)," Ken Simonson, chief economist for the Associated General Contractor

May 29, 2007

ATA Truck Tonnage Index Falls 2.2% in April

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 2.2 percent in April, after posting a 1.2 percent jump in March

May 1, 2007

Manufacturing Expands, Inventories Contract

Economic activity in the manufacturing sector expanded in April for the third consecutive month, according to the latest Manufacturing Report on Business by the Institute for Supply Management.

April 27, 2007

Economic Growth Slowest in Four Years

Real domestic product increased at an annual rate of just 1.3 percent in the first quarter, the slowest since first quarter 2003, according to advance estimates released Friday by the U.S. Bureau of Economic Analysis

April 26, 2007

Durable Goods Orders, Shipments Rise in March

March orders for manufactured durable goods increased 3.4 percent, marking the fourth increase in the last five months, according to data released Wednesday by the U.S. Department of Commerce.

April 26, 2007

Fed Reports Modest Growth for Most Areas

Retail sales are generally positive across the country but manufacturing in some areas continues to feel the pinch of weakening home sales, according to the latest Beige Book, a summary of economic condition

April 1, 2007

The Driver Debacle

Trucks are already parked because there are not enough drivers to move them. Labor analysts warn that in a few years the driver crisis will be worse – much worse. This series will give you tools to cope.

March 29, 2007

Q4 Economy Grows 2.5% - Slightly Better than Estimated

Real gross domestic product increased at an annual rate of 2.5 percent in the fourth quarter of 2006, according to final estimates by the Bureau of Economic Analysis. Earlier BEA estimates put fourth quarter growth at 2.2 percent.

March 26, 2007

ATA Truck Tonnage Index Up 1.6% in February

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.6 percent in February after falling a revised 3.1 percent in January.

March 2, 2007

ISM Reports Slow but Steady Manufacturing Growth

Economic activity in the manufacturing sector expanded in February, according to the latest Manufacturing Report on Business from the Institute for Supply Management (ISM). "February proved to be a good month

February 28, 2007

Fed Chairman Says U.S. Economy On Track

Federal Reserve Chairman Ben Bernanke told Congress Wednesday that U.S. economic growth is in line with expectations and there's still a reasonable possibility that we'll see a rebound later this year.

February 27, 2007

ATA Truck Tonnage Index Drops in January

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index fell 3.6 percent in January after surging a revised 6.2 percent in December.

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